Global Magnesium Chloride Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Magnesium Chloride is a kind of chloride with formula MgCl2, which has the property of colorless and easy deliquescence.
According to our (Global Info Research) latest study, the global Magnesium Chloride market size was valued at USD 203.8 million in 2022 and is forecast to a readjusted size of USD 197.1 million by 2029 with a CAGR of -0.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Compass Minerals, Xiangjiang and Huitai Group are the top 3 players of Magnesium Chloride, with about 23% market shares.
The consumption shares of China, Europe and USA were 51%, 16% and 20%. China is the main export region.
This report is a detailed and comprehensive analysis for global Magnesium Chloride market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Magnesium Chloride market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Magnesium Chloride market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Magnesium Chloride market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2018-2029
Global Magnesium Chloride market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Magnesium Chloride
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Magnesium Chloride market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Compass Minerals, Dead Sea Works, Nedmag, Alkim and Xiangjiang, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Magnesium Chloride market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Anhydrous Magnesium Chloride
    Hexahydrate Magnesium Chloride
    Others
Market segment by Application
    Metallurgy
    Chemical Industry
    Building Materials
    Food
    Transportation Industry
    Others
Major players covered
    Compass Minerals
    Dead Sea Works
    Nedmag
    Alkim
    Xiangjiang
    Huitai Group
    Changsheng
    Dongyuan Lianhai
    Winfast Plastic
    Hongyuan Chemical
    Xinhai Decing Products
    Chenlong
    Jinxing
    Quancheng
    Songchuan
    Beier
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Magnesium Chloride product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnesium Chloride, with price, sales, revenue and global market share of Magnesium Chloride from 2018 to 2023.
Chapter 3, the Magnesium Chloride competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnesium Chloride breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Magnesium Chloride market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnesium Chloride.
Chapter 14 and 15, to describe Magnesium Chloride sales channel, distributors, customers, research findings and conclusion.